Strategy’s Bitcoin treasury swells past 660,000 BTC after fresh $962M buy
Strategy purchased $962.7 million in Bitcoin, increasing its total holdings to over 660,000 BTC despite recent stock price declines.Summary
Strategy, led by Chairman Michael Saylor, acquired an additional 10,624 Bitcoin for approximately $962.7 million last week, bringing its total treasury to 660,624 BTC, acquired at an average price of $74,696 per coin for a total cost of $49.35 billion. This purchase occurred despite Strategy's stock trading significantly lower over the past year. However, the firm holds substantial unrealized gains, with its current BTC holdings valued around $60 billion, representing a 22% gain over cost basis. Saylor continues to promote Bitcoin as "digital gold" to sovereign wealth funds and other major investors. The company recently raised $1.44 billion to address concerns about its ability to meet obligations, which Saylor suggested were fueled by short sellers. This latest acquisition took place during November, which saw the slowest digital asset treasury inflows of 2025, though Bitcoin-focused firms led the month, largely due to Strategy's significant buy.
(Source：Cointelegraph)